Now people's demand for funds is growing, and many people have both credit cards and loans. But think about it carefully, if you encounter a situation, you have a credit card and a loan debt at the same time, and both of them are due for repayment, and the funds in your hand are only enough to repay one of them. What are you going to do at this time? If you are not careful, both of them will become overdue and the consequences will be unimaginable. Come with me and see how to deal with this dilemma ~

1, priority credit card

One way is that you can pay back the credit card with the money in your hand first, and then pay back the loan by returning the credit card. The advantage of this operation is that it can avoid the overdue risk, but you will still face the repayment problem next month, treating the symptoms rather than the root cause.

2. Choose credit card installment payment

If you can't repay the arrears in full within a period of time after spending by credit card, you can choose to apply for installment before the due repayment date. Different banks have different staging schemes, so it is recommended to know clearly in advance and then choose the one that suits you. For example, if you spend 654.38+ 10,000 yuan, you can choose 654.38+02 or 24 installments. In this case, your financial pressure will not be great.

3. The credit card will be returned temporarily.

There is also a platform dedicated to credit card repayment, that is, these platforms can help you pay off your bills first, and then you can repay them in installments. You may have to bear some interest on this operation, so you need to think carefully before choosing this method.

4. Extend the loan term

If your loan term is 10 year, the monthly payment may be 1 10,000. At this time, when you feel that you can't afford too much money, you can apply to the bank to extend the loan period, which can basically be extended to 20-30 years. Although the overall interest you need to repay after the extension has increased, your monthly repayment pressure can indeed be reduced a lot.

Finally, if there is a loan, try not to touch the credit card. Because bank loans and credit cards are equally overdue, it is recommended to pay them back together. Therefore, only if you have enough repayment ability can you make yourself comfortable in loan and credit card repayment.